So says the govt-backed think tank The Chinese Academy of Social Sciences (CASS)
- sees growth slowing to between 6.6-6.8%
- Shanghai Comp Index to trade between 3200-4000 ( currently 3516)
- China should keep "structurally loose" mon pol
- China to achieve M2 growth of 12.6%
- should expand fiscal deficit in 2016
Last year the think-tank projected 2015 growth of 7% then lowered it to 6.9%
No surprises here but China's slowdown remains a concern globally